Energy Management Saves Office Depot 2.2M Annually
Irvine, Calif.-based Phoenix Energy Technologies released a case study that shows results of energy saving upgrades at Office Depot. The office supply chain has realized average annual energy savings of $2.2 million, coming from 20,572,352 fewer kWh used. The return on investment was 61 percent, and the simple payback was 12 months.
The companies first collaborated in May of 2010. The office supplier at the time was manually monitoring facilities and struggling to manage its existing energy management systems. Office Depot was unable to consolidate data and achieve enterprise-wide visibility into its energy usage and systems’ operations at the unit and load level. Manual consolidation of information was time consuming and analyzing the data to determine the appropriate corrective actions was unworkable.
With PhoenixET’s energy management solution, Office Depot gained enterprise visibility, actionable information and improved performance for its building portfolio of 1,100 locations.
First, PhoenixET’s software platform, EnterpriseDX was engaged, without a need for new hardware or a site visit. EnterpriseDX was able to access, consolidate and validate over 300,000 data points in less than six weeks.
PhoenixET’s analytics team was able to upgrade energy and facility maintenance management strategies. The team honed in on energy outliers and system inefficiencies utilizing building baselines, benchmarks, models and fault detection and diagnostics tools to deliver results.
Since the integration of the PhoenixET complete energy management solution, Office Depot has seen energy and facility maintenance savings, operational efficiencies and customer comfort.
PhoenixET says it will continue to pursue even better performance. By using advanced energy modeling and simulation capabilities, Phoenix will soon begin to deploy capabilities to allow Office Depot’s buildings to adjust set points and schedules based on changing weather, schedule or energy market conditions.
Photo credit: runchadrun′s Flickr photostream
- 2015 Environmental Leader Product & Project Awards
- Enterprise Internet Of Things: What Is It, and How Will It Improve Energy Management?
- 10 Tactics of Successful Energy Managers
- 2015 Insider Knowledge
- Addressing Regulatory Trends with UVC LED-based Sensors
- Energy Manager Today Awards Top Products and Top Projects of the Year
- Practical Insights into the Implementation of GHS Around the Globe
- There’s Money in the Trash
- Beyond Compliance: Applying a Risk Lens to Your EHS Practice
- A Roadmap for Effective Process Safety Management